Banking

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    Joaddar appointed StanChart B’desh country CFO

    Business Desk | Updated at 12:00am on November 02, 2018

    Md Abdul Kader Joaddar has been appointed as country chief financial officer of Standard Chartered Bangladesh, becoming a member of the bank’s country management team...

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    Indian govt stresses RBI has autonomy as markets tumble

    Reuters . New Delhi/Mumbai | Updated at 12:00am on November 01, 2018

    The government stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is ‘essential’ as it sought to calm investors worried about...

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    One Bank launches OK wallet service

    Staff Correspondent | Updated at 01:58am on October 31, 2018

    One Bank Limited (OBL) on Tuesday launched OK wallet service to make mobile financial service proposition fast, more secure and more convenient for the bank’s...

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    BRAC Bank aims high with agent banking

    Staff Correspondent | Updated at 01:52am on October 31, 2018

    BRAC Bank Limited aims high as it wants to bring villages across the country under its banking network in next five years with the agent...

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    BB serves notices on nine banks for dollar rate violation

    Staff Correspondent | Updated at 12:14am on October 29, 2018

    Bangladesh Bank on Sunday issued show-cause notices to nine banks for selling dollars at rates higher than the inter-bank exchange rate set by the central...

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    BB cuts loan interest for dairy farmers to 4pc

    Staff Correspondent | Updated at 12:09am on October 29, 2018

    Bangladesh Bank has cut the interest rate to 4 per cent from 5 per cent on loans that the dairy farmers get from the central...

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    Noor Uddin becomes chair of Delta Life Insurance

    Business Desk | Updated at 12:00am on October 29, 2018

    Former minister Lt General (retd) M Noor Uddin Khan was elected as the chairman of Delta Life Insurance Company on Sunday, said a press release....

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    Farmers Bank ex-MD, 6 others sued for graft

    Staff Correspondent | Updated at 07:13pm on October 28, 2018

    Anti-Corruption Commission on Sunday filed a case against seven people, including six high officials of Farmers Bank, for embezzling Tk 30 crore from the bank.

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    Economists slam govt for approving so many banks

    Staff Correspondent | Updated at 12:00am on October 28, 2018

    Economists on Saturday criticised the government for giving approval to so many banks in the country and said that governance in the financial sector was...

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    India central bank, govt in open loggerheads

    Reuters . Mumbai | Updated at 12:00am on October 28, 2018

    In a sign of a mounting policy struggle between India’s central bank and the government of prime minister Narendra Modi, a top bank official warned...

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